NOT LISTED FOR SALE

325 Erickson St Marquette, MI 49855

Estimated Value: $408,883

-- Bed
2 Baths
2,295 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 18, 2013

Last sale price $175,000 $76 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,229/month

134 Days on Market

Highlights

  • Porch
  • Shed
  • Hot Water Heating System
  • Sandy Knoll School Rated A-

About This Home

As of April 2013

This property is so versatile. Continue to own as a duplex, or even a commercial space with 2 apartments. Nearly everything has been updated since 2004. Lower level 2 bedroom apartment is BRAND NEW. Perfect owner occupied duplex or run your business on the main floor and live upstairs. Profit from the apartment below. Deals like this--and in Marquette Township--are hard to find.

Last Agent to Sell the Property

Frida Waara

RE/MAX 1ST REALTY License #UPAR-6501361553 Listed on: 10/01/2012

RE/MAX 1ST REALTY

Last Buyer's Agent

Frida Waara

RE/MAX 1ST REALTY License #UPAR-6501361553 Listed on: 10/01/2012

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 154x60

Parking

  • 3 Car Parking Spaces

Outdoor Features

  • Shed
  • Porch

Additional Features

  • Basement Fills Entire Space Under The House
  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-08-360-166-10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Sub Structure Types: Shed
  • Total Tax Year: 2012
  • Year Built: 1950
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Estimated Sq Ft: 2295

Exterior Features

  • Exterior Features: Porch

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-08-360-166-10
  • Lot Dimensions: 154x60
  • Acreage: 0.21
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2012

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Superior Iron Range Community Federal Cr and Honor Credit Union
Bought by
Lepage Justin
Current Estimated Value
$408,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$520,127
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$114,971

Purchase Details

Closed on
Nov 29, 2018
Sold by
Alicia Smith
Bought by
Empire Of Chewie Llc

Purchase Details

Listed on
Oct 1, 2012
Closed on
Apr 18, 2013
Bought by
O'Keefe David
Seller's Agent
Frida Waara
RE/MAX 1ST REALTY
Buyer's Agent
Frida Waara
RE/MAX 1ST REALTY
List Price
$198,900
Sold Price
$175,000
Premium/Discount to List
-$23,900
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lepage Justin $750,000 None Listed On Document
Empire Of Chewie Llc -- --
O'Keefe David $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepage Justin $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2013 04/18/13 Sold $175,000 -12.0% $76 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $198,900 -- $87 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15 $103,800 $0 $0
2024 $15 $106,300 $0 $0
2023 $941 $105,500 $0 $0
2022 $4,236 $86,700 $0 $0
2021 $4,124 $87,200 $0 $0
2020 $4,108 $86,700 $0 $0
2019 $4,028 $85,700 $0 $0
2018 $2,978 $79,100 $0 $0
2017 $2,919 $79,100 $0 $0
2016 $3,547 $77,200 $0 $0
2015 -- $77,200 $0 $0
2014 -- $76,900 $0 $0
2012 -- $75,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071281

Upper Peninsula Association of REALTORS®

APN: 52-08-360-166-10